Best Cheap Cryptos to Invest in 2022

Last updated:06/29/2022

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There are quite a few cheap cryptocurrencies, but not all are worth investing in. If you are looking for more guide, please check our list of the best cheap cryptos to invest in 2022.

Chiliz (CHZ)

Price: $0.095

Chiliz helps run Socios, one of the world’s most famous blockchain based sports and entertainment platforms. This service allows people to participate in the governance of their favorite sports teams and brands. This is achieved through the fan token, which provides a way for organizations and officials to contact fans, and also opens up a new way to make profits.

Fan tokens provide users with such opportunities as conducting surveys and voting on any club related decisions and activities, booking VIP experiences, obtaining exclusive transactions, etc.

CHZ, the native token of the platform, has many use cases — for example, people can use it to buy the above fan tokens.

Although the fan token industry has not really taken off, it is still a special innovative technology, providing fans with a new solution to interact with idols. Who knows, maybe it’s only one cooperation away from landing on the moon — this kind of thing is unpredictable.

Stellar (XLM)

Price: $0.11

Stellar is a hard fork of Ripple and has been providing blockchain services for people since 2014. It is an open network that facilitates global transactions and provides a more effective way to store value.

The difference between Stellar network and other blockchain projects lies in its fees: the fee for each transaction is exactly 0.00001 XLM, regardless of its size. Since XLM is a cheap cryptocurrency with a value of less than $1, Stellar transactions is unprecedentedly cheap.

As the cryptocurrency world becomes more mainstream, there will be a demand for cheaper transactions. Stellar, with its solid technical foundation and good reputation, is one of the best candidates to take advantage of this demand.

XLM has responded well to the rise and fall of crypto prices in the market and is likely to continue to be a worthwhile investment opportunity.

DeFi Coin (DEFC)

Price: $0.118

Have you heard of DeFi Coin? Well, you probably don’t – after all, this cryptocurrency hardly makes it into the top 5000 by market value. DeFi Coin has experienced some ups and downs. There are devout believers and people who do not believe.

This token was introduced as early as may 2021. Recently, its team launched DeFi Swap, a decentralized cryptocurrency exchange, which has attracted attention. The platform is supported by DeFi Coin.

Although this token has produced incredible returns for some holders, others believe it is a hoax. You can learn more about this project by yourself to determine whether it is a potentially profitable investment or another cheap cryptocurrency that will have nowhere to go.

Uniswap (UNI)

Price: $3.93

UNI is generally considered the most promising cryptocurrency in the industry — after all, it is the native token of Uniswap, one of the best encryption platforms. Uniswap is an automated market maker (AMM) that promotes the trading of the DeFi token. Decentralized finance, or DeFi, is one of the highlights of blockchain – it is effective even outside the cryptocurrency industry.

Uniswap is more than just a decentralized exchange: it aims to solve the liquidity problems that plague most cryptocurrency projects. The basic value of Uniswap and its reputation in the field of decentralized exchanges have instilled a lot of confidence in its investors. Although the industry has undergone many changes and many new participants have entered the industry in recent years, it is still growing.

Chainlink (LINK)

Price: $6.40

Although its price is higher than $1, LINK can still be regarded as a cheap cryptocurrency compared with currencies such as Bitcoin or Ethereum. The cryptocurrency market is known for its volatility, but LINK has successfully gained a foothold and remains within the top 20 on CMC and other similar ranking websites, despite various challenges.

Chainlink is an open source cryptocurrency that can realize universally connected smart contracts. In addition, the project uses a decentralized Oracle network to promote the secure connection between the blockchain network and various off chain data sources.

No other project can do what Chainlink has done to decentralize Oracle network. Therefore, naturally, its basic value is quite high. Although the current price of LINK is lower than the average price a few months ago, due to its function, this cryptocurrency can still rise quite high.

FAQ

Which Cheap Cryptocurrency Will Burst in 2022?

It is unknown which cryptocurrency will break out in 2022, especially now that the market is in the depths of crypto winter. Nevertheless, as long as the market recovery starts, we believe that the above 10 low-cost cryptocurrencies will gain huge benefits.

Can I Buy Cryptocurrency with $1?

Yes, you can buy cryptocurrency for $1. In fact, many cryptocurrencies we discussed above are sold below $1. However, most cryptocurrency transactions have a higher minimum transaction limit, such as $10 at eToro’s.

How do I Buy Cryptocurrency Less than $1?

There are many cryptocurrencies with prices lower than US $1. However, to ensure that you actually pay this small amount of money, you need to keep in mind the cost of the coin or token.

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2022 Best Cheap Cryptos

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